New projections-III: Gas-based generation share to go down over time

Jan 05:
Segment-wise gas demand is expected to change significantly between 2017 and 20408Refining and domestic gas demand are meant to be lower8Power generation share will go up, contrary to what is believed.8Unlike in other countries, the newest projections show coal generation making up a massive 73% of the total power generated in 2040, down only 1% from now8The share of gas-based power generation will shrink from 5% currently to a mere 3%8Despite all the hype, the share of renewables will be up only 8% to 14% in India's total power generation by 20408The data makes for very interesting reading for the oil & gas sector plannerClick on Reports for more